South Korea retail sales climb 5.6% in March
SEOUL: Sales at South Korea’s major retailers rose 5.6% from a year earlier in March, extending gains in consumer spending as online platforms outpaced store-based...
Tag : korea
RideFlux wins South Korea’s first paid freight permit
SEOUL: South Korea has approved its first paid self-driving freight transport service, authorizing autonomous driving startup RideFlux to begin commercial cargo operations on a long-distance route linking Seoul...
Korea sees surge in electronic payments with record 2024 data
The value of electronic payments in the Republic of Korea reached a record high in 2024, reflecting the continued rise of contactless transactions amid widespread...
Korea to invest $285M in advanced industrial technologies
The Republic of Korea has announced plans to invest 414.2 billion won (approximately $285 million) in the development of advanced industrial technologies by 2031, aiming...
Korea’s foreign reserves hit five-year low despite monthly increase
The Republic of Korea’s foreign reserves saw a slight increase in December compared to the previous month but recorded their lowest year-end level in five...
Korea’s economy strengthens on robust exports and stable inflation
MENA Newswire News Desk: The Korean economy is showing solid signs of recovery, bolstered by strong exports and moderating inflation, according to the Ministry of...
Italy, Korea, France adjust alert levels amid MPox outbreak
Italy and Korea have heightened their alert levels, while France anticipates sporadic cases as MPox poses a growing threat globally. These nations are stepping up...